7060 Airport Road, Mississauga, ON L4T 2G8

$1,499,000

Commercial Retail
MLS® W13633218

Listing Brokerage: RE/MAX OPTIMUM REALTY

Description

Sale of Live Work Retail Property with 3 furnished residential units [2 bedrooms (Kitchen,1 washroom) Apartment + 1 bedroom (kitchen, 1 washroom) Apartment on 2nd floor + 1 bedroom (kitchen, 1 washroom) apartment in the basement + RETAIL unit on main floor and part basement]. Freshly updated interiors of all the units in the property with ample natural light. Currently used as a Medical Spa & BeautyTraining Centre. Plaza has multiple permitted uses and ample parking. Main floor Approx 900 sq.ft + Second floor Approx 900 sq.ft + Additionally Approx 900 sq. ft finished Basement. Close to Major highways-407, 427, GO station Prime intersection - Derry/Airport. Perfect for Investors: Income generating Asset 2nd floor units: 2 bedroom+1 bedroom fully furnished currently operated as AIRbnb through property management company and generating $5000 per month; 1 Bedroom basement unit leased for $1200 per month + Retail unit has been leased for a term of 5 years for $5500 per month. CAP RATE Approx over 7.5%.

Property details

MLS® number: W13633218
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Malton
City: Mississauga
Building area: 1800 Square Feet
Heating: Gas Forced Air Open
Cooling: Yes
Garage: Outside/Surface
Taxes: $7,714.15
Tax year: 2025
Office area: 900
Retail area: 900
Listing brokerage: RE/MAX OPTIMUM REALTY

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